Ithmaar Bank reports stable, consistent growth in 2019

Ithmaar Bank reports stable, consistent growth in 2019

financial results for the year ended 31 December 2019.. Bank's financial results show a net loss attributable to equity holders for the. three-month period ended 31 December 2019 of BD4 million, a 2509 percent. increase compared to the net loss of BD0.15 million reported for 2018 resulting. period ended 31 December 2019 was BD2.8 million compared to the net profit of. the net loss attributable to equity holders for the year ended 31 December 2019. profit for the year ended 31 December 2019 was BD2.48 million, an 82.5 percent. decrease compared to the net profit of BD14.14 million reported for 2018, which. the Bank did not report a profit for the year, it continues to report stable,. commitment to focusing on its core retail banking business while working to. Operating income for the year ended 31. percent decrease compared to BD3.13 billion as at 31 December 2018, mainly due. unwavering focus on its core retail banking business is building a stable. Bank earned the prestigious award following a comprehensive selection and. Ithmaar Bank launched a customer-centric chat service on WhatsApp Business. Ithmaar Bank's committed, bank-wide digital initiative which aims to build on. experience, Ithmaar Bank also inaugurated a new branch